1, 16 Innovation Parkway, Birtinya, QLD 4575

Medical | Offices

Sold $1,900,000

  • Property ID: 430111
  • Floor Area: 257m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 14/06/2023 257m2 N/A N/A
GROUND FLOOR MEDICAL INVESTMENT

CBRE are pleased to present to the market a recession proof medical investment within the Sunshine Coast Health Precinct, underpinned by a long-term lease to established eye specialists “Coastal Eye Centre”.

~ Resilient, non-cyclical medical investment
~ Significant fitout investment by the tenant
~ Renewed 5 year + 5 year lease through to 2033
~ Net income of $120,790* per annum (tenant pays Outgoings)
~ Best positioned strata within modern building (2009)
~ Birtinya 4575 medical vacancy of approximately 1.22%
~ Underpinned by very strong population growth in the local area

Convenient location opposite Kawana Private Hospital and only 3 minutes from Sunshine Coast University Hospital, surrounded by quality medical, commercial and retail businesses.

If you would like further details, please contact the exclusive marketing agent Ryan Parry from CBRE on 0419 675 758 or ryan.parry@cbre.com.au

*Approx.
**Image outlines indicative only

Birtinya Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $328 ---
Retail --- $250 ---
Industrial $2295 --- ---
This is the average advertised price, rent and yield for Birtinya, QLD 4575*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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